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Re: SSL challenge -- broken !

To: Michael Froomkin <[email protected]>
Subject: Re: SSL challenge -- broken !
From: "Perry E. Metzger" <[email protected]>
Date: Fri, 18 Aug 1995 15:02:36 -0400
Cc: "Perry E. Metzger" <[email protected]>, Lyle Seaman <[email protected]>, [email protected]
In-Reply-To: Your message of "Fri, 18 Aug 1995 14:18:53 EDT." <[email protected]>
Reply-To: [email protected]
Sender: [email protected]


Michael Froomkin writes:
> On Fri, 18 Aug 1995, Perry E. Metzger wrote:
> > > The credit card market has thin margins?  That's news to me.
> > 
> > Its true. The issuers often end up making most of their money for a
> 
> actually the NYT reported this week that banks make super-profits on 
> credit cards.  economists are not sure why the margins are about 3 times 
> that of other lines of biz.

The overall business is very profitable. The margins on transactions
are very thin.

Perry

References:
- Re: SSL challenge -- broken !
  - From: Michael Froomkin <[email protected]>

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